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Shreveport Louisiana’s

oil economy
Louisiana Despite the catastrophic
Texas Miss. damage wrecked on Louisiana’s
environment by the BP oil spill,
Baton Rouge the state is largely opposed
to halting deep water drilling
New since most of its oil reserves
Orleans are in reservoirs on the outer
OCS continental shelf.
boundary
Gulf
What is the OCS?
of Mexico • Federal land that extends
100 km 200 nautical mi. (370 km) from
100 miles the federal/state boundary –
3 nautical mi. (5.6 km) from the
coastline for La.
Oil and gas, by the numbers, 2009
State Federal OCS
Crude oil Proved oil reserves Natural gas
production In millions of barrels production
In millions of barrels (as of Dec. 31, 2008) In trillions of cubic feet
68.9 388 1.48
406.2 3,388 1.35

State oil, gas Share of total Employment


revenues state revenues Provides 45 percent
In millions Oil, gas of state’s jobs
Total
$1,079 $1.1 Production 47,400
$8.5
$28.7* billion billion Chemicals 22,600
*State gets 50 percent of revenues
Petroleum
from federal land within its boundaries manufacturing 11,400
Source: Louisiana Department of Natural Resources
Graphic: Pat Carr © 2010 MCT
Pipelines 2,400

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